24/7 Development Partners of Alabama

24/7 Principal Biographies

The principals of 24/7 Development have significant construction and development experience. They have successfully completed projects in 44 states and are currently working on multiple projects throughout Florida and Alabama.  

ROBERT D. BASHAM

After graduating from the University of Maryland, Bob started out in a family run restaurant business in Washington, DC. In 1973 he then went on to the management program of Steak & Ale Restaurant Company. Capitalizing on various management opportunities Bob rose through the ranks to become the Vice President of Operations of the Bennigan’s Concept and was instrumental in the successful nationwide expansion of the concept.

In October, 1983 Bob went on to form Sunstate Restaurant Corporation to develop the Chili’s Concept as a franchisee and joint venture partner in Georgia and Florida with Gene Knippers and Chris Sullivan.  The company was merged with Chili’s, Inc. in January, 1987 and Bob continued in his operations position until departing to found Outback Steakhouse in 1988 with Chris Sullivan and Tim Gannon.

The first Outback was opened in Tampa in March, 1988 and since then an additional 1479 restaurants have opened, which includes Carrabba’s Italian Grill, Bonefish Grill, Fleming’s, Roy’s, LeeRoy’s, Cheeseburger in Paradise, and Outback International under the corporate name of Bloomin’ Brands (BLMN). While no longer a board member but still a shareholder in Bloomin’ Brands, Bob has gone on to co-found, PDQ a QSR-Fast Casual restaurant concept in Florida, North Carolina, South Carolina, Alabama, Georgia, Texas, New Jersey, Illinois and Nevada with sixty-five locations now open. 

Bob’s involvement in the community, he is a Board Member for the following Charitable Organizations: Metropolitan Ministries, the Boys and Girls Club Foundation, McDonald Training Center and the Chi Chi Rodriguez Youth Foundation, Laser Spine Institute and Berkeley Prep School. His favorite hobby is golf at Old Memorial Golf Club which he helped co-found.

NICK READER

Nick Reader serves as one of the Principal Owners of the PDQ restaurant brand. PDQ – short for “People Dedicated to Quality” – is blurring the lines between fast food and fast casual with its high-touch, high-integrity approach to fresh food, fast. Beloved throughout the Southeast and now beyond for its hand-breaded chicken tenders, PDQ crafts delicious salads, sandwiches, and hand-spun milkshakes fresh in store, every day. The restaurant prides itself on providing a fun and friendly atmosphere at each of its stores for guests to enjoy great food at an affordable price. PDQ is committed to creating deep roots in its local communities and gives thousands of dollars to local charities, schools, and organizations in need every year.

Reader is the Chief Executive Officer and co-founder of PDQ, along with Outback Steakhouse co-founder Bob Basham. Reader and Basham are the two principal owners of PDQ and the partners spent more than two years developing the concept behind the brand and the quality of the food and establishments. On October 30, 2011, the original PDQ restaurant opened its doors across from Plant High School in Tampa, Florida. PDQ now has 65 locations in 11 states.

In 2014, Restaurant Business Magazine named PDQ the number one fastest-growing small chain in America. PDQ was also honored by Nation’s Restaurant News as one of its 2014 Hot Concepts award recipients. PDQ recently received more accolades as Reader won the 2016 Emerging Entrepreneur Award as part of Ernst & Young’s Florida Entrepreneur of the Year program. Now in its 30th year, Ernst & Young, a global consulting firm known as EY, recognizes entrepreneurs in more than 145 cities.

Prior to his current position Reader was the Chief Executive Officer of MVP Holdings, a private investment firm. He joined MVP Holdings in August 2008 and was responsible for overseeing investments, raising capital related to acquisitions, and day-to-day management of the company’s varied holdings. MVP Holdings includes restaurant concepts PDQ, Lee Roy Selmon’s, Glory Days Grill and Wow That’s Fast, Carsmetics Inc., a car repair company, MVP Consulting, an accounting bookkeeping practice, and several real estate holdings.

Prior to holding the senior position at MVP Holdings, Reader was Chief Financial Officer of the Tampa Bay Buccaneers, the youngest CFO at the time in the National Football League. He joined the Buccaneers organization in March 2003 as Controller and was promoted within a year to the CFO position. Reader was involved with all financial aspects of the team, including management of the team’s NFL relationship and requisite financial reporting and compliance to player, sponsorship and vendor contract negotiations. Reader worked in concert with the team’s General Manager, Bruce Allen, to oversee the Collective Bargaining Agreement between the League and its players, Salary Cap calculations and player contract negotiations. He helped secure financing for the construction of the team’s new corporate headquarters and managed the organization’s exit from its 30-year makeshift headquarters to its gleaming 40-million dollar facility. Reader represented the team in its dealings with the Tampa Sports Authority on issues such as stadium maintenance and financing, and negotiated a new stadium concession agreement for all food service at Raymond James Stadium.

Prior to his stint in the NFL, Reader began his career in public accounting at PriceWaterhouseCoopers (PWC) where he rose quickly through the audit ranks, promoted twice during his five years with the national firm. Reader led audit teams and assisted clients in their strategic planning of mergers and acquisitions. Due diligence, financial analysis of targeted companies, purchase accounting analysis and other post-acquisition related reporting were all within his area of assigned responsibility. Reader earned the PWC “Shiro Award,” recognizing auditors for outstanding service to clients and the firm.

Reader has received several other prestigious honors during his career. In 2015, he was named one of the University of Florida’s inaugural Gator100. Sponsored by UF, the Warrington College of Business Administration and the Center for Entrepreneurship & Innovation (CEI), the Gator100 recognizes the 100 fastest-growing businesses owned or led by UF alumni. In addition, PDQ was honored at the Gator100 Awards Gala as the third-fastest growing company owned or run by Gator alumni.

In 2010, Reader was honored by his alma mater as an Outstanding Young Alumnus, a program established by the University of Florida’s Alumni Association to recognize leaders in business and community service who are younger than 40. Reader was also awarded with one of the Tampa Bay Business Journal’s “30 People Under 30” awards, recognizing the top young professionals in the Tampa Bay community.

Reader graduated with honors in 1997 from the University of Florida’s Fisher School of Accounting and is a Certified Public Accountant in the state of Florida. He is involved in the Tampa Bay community as a board member for several local groups, including the Shack Harris/Doug Williams Foundation, the Shelton Quarles Impact Foundation, and the Lifelink Foundation. Reader also sits on the board of the Black College Football Hall of Fame. Reader resides in Tampa with his wife Melanie and their three sons: Tre, Troy and Ty.

C.  TIMOTHY VINING

Mr. Vining is recognized as a leader in the Development and Construction industry having completed over $1.2 billion in public and private projects for a broad base of National clients.  Mr. Vining was formerly a senior executive with the National firm of Mills Gilbane and later with Corvus International as a Principal heading up the Southern development operations.  Mr. Vining has served the Tampa Bay area community by volunteering in leadership on 23 different charitable boards.  He received a B.S. in Finance from the University of South Florida and a Master of Business Administration from Florida State University. Mr. Vining currently serves as Chief Development Officer for MVP Holdings nationally & CEO of the MVP Development divisions in the Southeast including Blackrock Development & 24/7 Development.

CHRIS PFEIFFER

Chris Pfeiffer is a native Mobilian and local real estate developer.  After graduating from McGill-Toolen High School, he went on to earn a degree in finance from the University of Alabama.  Chris proudly chose his hometown as the place to settle with his wife, Leah from Tampa, Florida, and three children.

His past work experience includes commercial insurance sales and restaurant owner.  Chris was able to use the platform of the restaurant to aid in various philanthropic initiatives in the five years it was open.  He remains an active member in the community as a member of various philanthropic and social organizations.

After selling his local PDQ restaurant, he decided to pursue a career in commercial real estate.   Chris plans to help continue the positive momentum experienced by the City of Mobile through strategic real estate developments.  His hope is to be a viable catalyst for growth by working together with the City of Mobile, Port Authority, and Airport Authority in a way that supports the current masterplan and vision for Mobile. 

ANDREW MCADAMS

Andrew is the VP of Business Development for MVP Holdings which owns and operates multiple restaurant concepts in addition to investing in and managing retail concepts and real estate development projects. Prior to MVP Holdings, Andrew worked in New York City for JP Morgan as an analyst in the Real Estate and Closely Held Business Group. Andrew received a Bachelor of Business Administration degree from the College of William & Mary.